Friday, 24 March, 2023

Adobe to acquire Frame.io in $1.27 bn deal

<p>Adobe said on Thursday that it will buy Frame.io in a $1.27 bn deal. Frame.io, a cloud-based video Collab platform, streamlines the video production and editing process by using cloud-first methods. Frame.io has over a million users across global brands, with its acquisition resulting in Adobe&#39;s leading video editing capabilities merged with Frame.io&#39;s cloud-first workflow, Adobe said. The deal is expected to close in the fourth quarter.</p> <p>&nbsp;</p>